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Delek US Holdings, Inc. (DK)

- NYSE
  • Tue, Mar. 31, 12:19 PM
    • Delek US Holdings (DK -0.2%) discloses that it is in talks to buy some or all of Alon Israel Oil, one of Israel's largest fuel station and convenience store operators and the parent company of Alon USA Energy (ALJ +5.4%).
    • A deal could give DK a stake in refineries and convenience stores in the U.S. and Israel; ALJ's refineries in Texas, California and Louisiana have an aggregate crude oil throughput capacity of 217K bbl/day and operates nearly 300 7-Eleven convenience stores in central and west Texas and New Mexico.
    • Alon Israel had owned more than 50% of ALJ stock but now owns ~48% after giving up its majority stake through a share sale last month.
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  • Jun. 29, 2014, 10:30 AM
    • The Delek Group's (DGRLY) subsidiary, Delek Europe Holdings, has signed an agreement to sell Delek Europe BV for €355M ($484M) to an unnamed foreign fund.
    • The deal is to be paid through two initial installments of €90M each, while Delek will extend the remaining €175 as a five year loan.
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  • May. 18, 2014, 4:13 AM
    • Delek Group (DGRLY) has raised 140M shekels ($40.47M) after underwriters of a secondary offering exercised an option to acquire 1.38M shares in Delek US Holdings (DK).
    • Delek Group, whose stake in Delek US is falling to 7.5%, had already sold 9.2M shares as part of the offering.
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  • Dec. 3, 2012, 5:17 AM
    Australia's Woodside Petroleum (WOPEF.PK) agrees to acquire a 30% stake in Israel's massive Leviathan offshore gas field from the operators of the reserve, which include Noble Energy (NBL) and Delek Drilling (DKDRF.OB). Woodside will pay an initial $696M and as much as $550M once certain conditions are met, as well as revenue-sharing money of up to $1B a year. Noble's stake will fall to 30% from 39.66%. (PR)
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  • Sep. 9, 2012, 5:50 AM
    The consortium that develops the Leviathan natural gas field off Israel's coast, in which Noble Energy (NBL) and Delek (DK) own large holdings, is considering offers from "leading international companies" to sell up to 30% rights to the field. Leviathan has estimated reserves of 17T cubic feet of gas, with the group hoping to find 600M barrels of oil as well.
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Company Description
Delek US Holdings Inc is an integrated energy company. The Company is engaged in petroleum refining, transportation, storage and wholesale of crude oil and intermediate and refined products and convenience store retailing.